Boeing has a received a contract for four 702B satellites from Intelsat estimated to be about $1bn.

The telecommunication satellites will refresh and add new capacity to Intelsat’s global satellite fleet.

The four geostationary satellites—Intelsat 21, Intelsat 22, and two yet-to-be-named spacecraft—will offer C-band and Ku-band capacity for distributing video, network and voice services in Asia, Africa, the US and Europe.

The deal is the first order for Boeing’s 702B satellite series, an advancement on the 702 satellite.

The 702B operates in the medium onboard power range of 6-12kw and features a more flexible, modular design than the 702 satellites.

Each of the satellites is estimated to cost about $200m and Boeing will receive additional revenues from maintenance work, according to industry speculations.

Intelsat is a provider of fixed satellite services.

How much of an impact will the COVID-19 outbreak have on the revenue of aerospace companies?

View Results

Loading ... Loading ...